Tower Hill affiliate insurance companies have requested the following average statewide rate increases: Tower Hill Preferred Insurance Company – 27.2% for homeowners insurance and 32.9% for dwelling fire insurance; Tower Hill Prime Insurance Company ...

 

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation

The Office of Insurance Regulation announces a public hearing to which all persons are invited.

DATE AND TIME: Thursday, September 14, 2006, 1:00 p.m.

PLACE: 401 Senate Office Building (adjacent to The Capitol), Tallahassee, Florida. Contact Name and Number: Lori Fitzsimmons, Esquire, [phone] or Sam Coskey, [phone]

GENERAL SUBJECT MATTER TO BE CONSIDERED: Tower Hill affiliate insurance companies have requested the following average statewide rate increases: Tower Hill Preferred Insurance Company – 27.2% for homeowners insurance and 32.9% for dwelling fire insurance; Tower Hill Prime Insurance Company – 21.5% for homeowners insurance; and Tower Hill Select Insurance Company – 18.0% for homeowners insurance. The requested rate increases are not uniform and some areas are subject to a higher rate increase. Florida law allows the Office of Insurance Regulation to hold a public hearing for any purpose within the scope of the Insurance Code deemed to be necessary. Input from the insurers as well as interested parties will be received at this public hearing.

If you are unable to attend this public hearing, please forward your comments to the Office of Insurance Regulation at [e-mail]; the subject line of your e-mail should read “Tower Hill.”

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this hearing, please telephone: Sam Coskey, [phone] or e-mail [e-mail] at least 48 hours before the hearing.